21
Feb

11 Car Insurance Bangladesh | Save money & time on Insurance

Car Insurance Bangladesh

This article gives full details and important links to the top 11 car insurance companies in Bangladesh. Car insurance is now a common and demanding service in Bangladesh. Due to small country and large population, the number of vehicles is increasing day by day which is also increasing the number of accidents. It’s very important to have car insurance to protect yourself and your family from an accident and to get financial support in case of an accident.



1. Pragati Insurance Limited: PIL

Achieved: ‘AAA’ credit rating ‘VERY STRONG’

About: Pragati Insurance Ltd. was established in 1986 by experienced entrepreneurs.

The company offers a full range of general insurance products including motor, marine, energy, property and casualty, health, accident, and liability areas are the special priority.

car insurance Bangladesh claim & query

You can claim your car insurance (if any loss happens) by filling up the form online or with the required information with PRAGATI INSURANCE LIMITED(PIL).

Products and Services of Pragati Insurance Ltd.

  • Fire Insurance
  • Motor Insurance
  • Health & Accident Insurance
  • Marine Insurance
  • All Risks Insurance
  • Aviation Insurance
  • Miscellaneous Insurance
  • Re-Insurers
  • Public Liability
  • Credit Shield Insurance
  • Fraud Insurance
  • Cash In Transit
  • Hospitalization/Health Insurance Policy
  • Overseas Medical Insurance
  • Industrial All Risks Insurance
  • SME Insurance
  • Hotel All Risks Insurance
  • Power Plant Insurance
  • Marine Hull Insurance
  • Product Liability
  • Workmen’s Compensation Insurance
  • Consequential Loss/Business Interruption
  • Personal Accident Policy

Car insurance Bangladesh

Head Office of Pragati Insurance Ltd.
Pragati Insurance Bhaban
20-21, Kawran Bazar, Dhaka – 1215, Bangladesh

Number of Branches: 40
Number of Employees: 523

Chief Executive Officer (CEO) of Pragati Insurance Limited: Mr. Md. Rezaul Karim

Contact information of Pragati Insurance Ltd.
E-mail: info@pragatiinsurance.com
Hotline: 09613115511
Phone: +88-02-55012680-2, +88-02-8189762, +88-02-9135784
Fax: +88-02-55013694, +88-02-9134335

2. Bimabd.com

Achieved: Bangladesh’s first online financial marketplace aimed at removing financial struggles.

About: Bimabd.com was launched in 2019 which is a brand of Flair Technologies Limited. The purpose of Bimabd.com is to encourage every person in Bangladesh to take out insurance and free themselves from financial hardship.

In addition to providing its own insurance services, Bimabd.com also promotes the services and products of many of the best insurance companies in Bangladesh. In other words, if you search Car Insurance Bangladesh on Bimabd.com, it’ll show you who is providing the best insurance service for your car.

Not only that, you can compare the price of car insurance services provided by various insurance companies in Bangladesh at Bimabd.com. There’s no other insurance company in Bangladesh that provides such services except Bimabd.com.

Bimabd.com is a glorious name to reduce life risk and save from financial crisis.



Products and Services of BimaBD

  • Car Insurance
  • Bike Insurance
  • Commercial Vehicle Insurance
  • Health Insurance
  • Life Insurance
  • Travel Insurance
  • Other Insurances
  • Fire and Allied Perils Insurance
  • Marine and Hull Insurance
  • All Risk Insurance
  • Industrial All Risk Insurance
  • Electronic Equipment and Computer Insurance
  • Aviation Insurance
  • Professional Indemnity Insurance
  • Comprehensive Machinery Insurance
  • Comprehensive General Liability (CGL)
  • Directors and Officers Liability (D&O)

Car insurance Bangladesh

Head Office of BimaBD
Flair Technologies Limited (bimabd.com)
House 15, Road 11 (Lake View), North Badda, Dhaka – 1212

Number of Employees: 11-50

Co-founders of BimaBD: Arnab Paul, Shibu Debnath Polo, Alvi N.

Contact information of BimaBD
Phone: 09606991991 (Customer Service), 01892090020 (Corporate), +8801835971860
E-mail: cs@bimabd.com

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3. Nitol Insurance Company Limited

Achieved: ‘AA’ credit rating ‘STRONG’

About: Along with various risk insurance, Nitol Insurance Company also provides money insurance. It’s a public non-life insurance company. Nitol Insurance appeared in Bangladesh in 1999 and started providing insurance services in 1994. Nitol Insurance became popular and registered their IPO in a short time as compared to other insurance companies.

Nitol Insurance’s vision and mission, like that of other insurance companies, is to alleviate the plight of the people of Bangladesh, free them from financial problems and provide a better life.

Nitol Insurance has become popular in the corporate world as well as the public because they strictly maintain and follow insurance policies. So far, Nitol Insurance Company has served its services to many people by providing protection and money at the right time.



Products and Services of Nitol Insurance Co. Ltd.

  • Marine Insurance
  • Property Insurance
  • Motor Insurance
  • Miscellaneous Insurance
  • Engineering Insurance
  • Overseas Mediclaim
  • Bike Insurance
  • Comprehensive Car Insurance
  • Buy Nirapod Policy
  • Details About Nirapod Policy

Car insurance Bangladesh

Head Office of Nitol Insurance Co. Ltd.
Police Plaza Concord, Tower – 2 (6th Floor)
Plot – 2, Road – 144, Gulshan-1,
Dhaka-1212, Bangladesh

Number of Branches: 22
Number of Employees: 215

Chief Executive Officer (CEO) of Nitol Insurance Co. LTD: S.M. Mahabubul Karim

Contact information of Nitol Insurance Co. Ltd.
E-mail: info@nitolinsurance.com, shahadat@nitolinsurance.com, suman@nitolinsurance.com
Hotline: 01755660331
Phone: 01713142772
Tel: +88 02 55045202 05
Fax: +88 02 55045206

4. Reliance Insurance Limited

Achieved: ‘AAA’ credit rating ‘VERY STRONG’

About: Reliance Insurance Limited is an active insurance company. They have received multiple awards so far for providing qualified services and are looking forward to providing more advanced services in the future. Reliance Insurance Company provides almost all insurance services of General Insurance in Bangladesh. It’s the best among the insurance companies of Bangladesh.

Reliance Insurance started its journey in 1988 and has become the top experienced insurance company in Bangladesh for many years of service. Funding for their insurance is constantly increasing, which means their customer base is growing, and the more customers a company has, the more people trust that company.

Reliance Insurance Company achieved the Silver Award (2nd Position) from the ICSB National Award for the success of Annual Report 2019.



Products and Services of Reliance Insurance Ltd.

  • Fire Insurance
  • Marine Cargo Insurance
  • Marine Hull Insurance
  • Motor Insurance
  • Health Insurance
  • Engineering Insurance
  • Overseas Travel Insurance
  • Miscellaneous Insurance

Car insurance Bangladesh

Head Office of Reliance Insurance Ltd.
Tejgaon Industrial Area, Shanta Western Tower (L-5) 186, Dhaka 1208, Bangladesh

Number of Branches: 33
Number of Employees: 86

Chief Executive Officer (CEO) of Reliance Insurance LTD: Md. Khaled Mamun

Contact information of Reliance Insurance Ltd.
E-mail: md.wasim0@gmail.com
Phone: 01988000555
Tel: 8802887883644, 8801714014895

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5. Green Delta Insurance Company: GDIC

Achieved: ‘Superbrands’ conceding as Bangladesh’s first insurance brand in the non-life insurance set.

About: Green Delta Insurance Company is well known as the leading private non-life insurance company in Bangladesh. The company has been providing insurance services since 1985 publicly. Green Delta has already come a long way in the car insurance (motor insurance) sector within the general segment of insurance services and their financial plans will aspire to save the people from the financial crisis.

Green Delta Insurance Company is one of the most popular insurance companies in Bangladesh. And the company’s board of directors are much more active and optimistic about the future of the company and its customer.

With Visa, MasterCard, bKash, uPay, iPay, you can pay your insurance at home at Green Delta Insurance Company.

Green Delta Insurance has some more subsidiaries which are: Green Delta Securities Limited, Green Delta Capital Limited, Professional Advancement Bangladesh, GD Assist Limited.



Products and Services of Green Delta Insurance Co.

  • Covid Insurance
  • Motor Insurance
  • Marine Insurance
  • GD Health Insurance
  • Burglary Insurance
  • Fire Insurance
  • Travel insurance
  • Personal Accident Insurance
  • Nibedita Comprehensive Insurance Policy for Women
  • All Risk Insurance
  • Agriculture Insurance
  • One-Stop Service
  • Corporate Insurance
  • Financial Insurance
  • Conventional Insurance
  • Retail & SME Insurance
  • Investment & Portfolio Management Insurance
  • Health Insurance
  • Household Insurance
  • Nibedita-Comprehensive Insurance Policy for Women
  • Cellular Phone Contingency Insurance
  • Weather Index-Based Insurance
  • Personal Accident Insurance Policy for Migrant Workers

Car insurance Bangladesh

Head Office of Green Delta Insurance Co.
Green Delta Insurance Company Ltd.
Green Delta Aims Tower (6th Floor)
51-52 Mohakhali, Dhaka-1212

Number of Branches: 43
Number of Employees: 662

Chairman of Green Delta Insurance Co: Abdul Hafiz Choudhury

Contact information of Green Delta Insurance Co.
E-mail: info@green-delta.com
Hotline: 16457
Phone: +880 9613444888, +880 2222261170, +880 2222263902
Fax: +880 2222281124

6. Phoenix Insurance

Achieved: Met the title ‘Services for Security’.

About: With a large amount of funding, the Phoenix Group of Entrepreneurs started the Phoenix Insurance Company in 1986. They support online insurance services at many of their branches across Bangladesh.

Phoenix Insurance Company has extended a helping hand to people affected by various disasters and accidents. The insurance company, which started with Taka 30 million, has now reached Taka 300 million. The fact that the board of directors of the company is efficient, experienced, and knowledgeable has made it easy for Phoenix Insurance Company to stand tall among many insurance companies.

Phoenix Insurance Company is keen to present itself to the whole nation as a qualified insurance company. Phoenix Insurance Company is known to the investors as the best car insurance company in Bangladesh as it complies with all the policies and protections of insurance.



Products and Services of Phoenix Insurance

  • Fire Insurance
  • Marine Insurance
  • Motor Insurance
  • Engineering Insurance
  • Cyclone Insurance
  • Flood Insurance
  • Earthquake Insurance
  • Riot & Strike Damage Insurance
  • Miscellaneous Insurance
  • Overseas Insurance
  • Cattle Insurance

Car insurance Bangladesh

Head Office of Phoenix Insurance
1/A, Dilkusha Commercial Area, Purbani Annex Building (1st Floor)
Dhaka -1000, Bangladesh, G.P.O Box No: 3647

Number of Branches: 31
Number of Employees: 206

Chairman of Phoenix Insurance: Mr. Mohammed Shoeb

Contact information of Phoenix Insurance
E-mail: mail@phoenixinsurance.com.bd
Phone: 880 2956 3609, 01711524230
Tel: PABX: 02-9563609 Ext- 118
Fax: 88 02 956 3576

7. Provati Insurance Company Limited

Achieved: ‘AA’ credit rating ‘STRONG’

About: Provati Insurance Company Limited incorporated its journey in 1996. The founding chairman was Alhaj Moksud Ali who was also the chairman of Bhaiya Group of Industries.

Provati Insurance Company is a well-known and successful car insurance company with about 55 branches all over Bangladesh. Almost all of their branches are using digital insurance policy which is helping to increase the efficiency of the company’s employees many times over.

Provati Insurance Company is a non-life insurance company and they publicized the IPO of the company in 2009. Provati Insurance Company is an important member of Bangladesh Insurance Association, Bangladesh Insurance Forum, Dhaka Chamber of Commerce & Industry, and Dutch-Bangla Chamber of Commerce & Industry.

Provati Insurance Company is associated with corporate social responsibility in addition to business activity. The company conducts social activities such as standing by people during natural disasters and human disasters. And in the midst of social sports, Provati Insurance Company has an interest.



Products and Services of Provati Insurance Co. Ltd.

  • Fire Insurance
  • Marine Insurance
  • Motor Vehicle Insurance
  • Miscellaneous Accident Insurance
  • Engineering Insurance
  • Reinsurance

Car insurance Bangladesh

Corporate Office of Provati Insurance Co. Ltd.
Khan Mansion, 11th Floor, 107, Motijheel C/A, Dhaka

Number of Branches: 55
Number of Employees: 585

Chairman of Provati Insurance Co. LTD: Mr. Md. Momin Ali

Contact information of Provati Insurance Co. Ltd.
E-mail: provatiinsurance@gmail.com, contacts@provati-insurance.com, piclmjb@gmail.com
Hotline: 09666766966
Cell: 01711-521815, 01778-054262
Phone: 02-9559561-3, 9558950, 9562808 (0)
Fax: 02-9564455

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8. Dhaka Insurance

Achieved: ‘AA-‘ credit rating ‘STABLE OUTLOOK’

About: Although Dhaka Insurance Company was incorporated in 2000, the company continued to make significant strides in its first year. Although the name is Dhaka Insurance, this company provides services almost all over Bangladesh. Not only that, Dhaka Insurance Company offers more products and services than other insurance companies which is one of the reasons for the rapid growth of this company.

Almost all insurance companies publish their credit reports, yearly reports, quarterly reports. Reading these reports gives a good idea of ​​the progress of the company and how many customers the company is gaining and losing in a given year and how many customers have benefited so far. So investors should read the insurance company’s annual report before judging good or evil.

In addition to reading the report, you need to get an idea of the company’s insurance policy, coverage, claim procedure.

Products and Services of Dhaka Insurance

  • Fire & Allied Insurance
  • Flood Insurance
  • Cyclone Insurance
  • Marine Cargo and Hull Insurance
  • Motor Insurance
  • Cash-In-Transit & Cash-In-Safe
  • Cash on Counter
  • Burglary Insurance
  • Overseas Medical Insurance
  • Personal Accident Insurance
  • Workmen’s Compensations Insurance
  • Contractors Plant & Machinery Policy (CPM)
  • Deterioration of Stock
  • Boiler Explosion
  • Erection All Risk Policy (EAR)
  • All risk Insurance
  • Industrial All Risk Policy
  • Professional Indemnity

Car insurance Bangladesh

Head Office of Dhaka Insurance
Dhaka Insurance Bhaban
71, Purana Paltan Line,
Dhaka-1000

Number of Branches: 15
Number of Employees: 171

Chairman of Dhaka Insurance: Mrs. Hamida Rahman

Contact information of Dhaka Insurance
E-mail: contact@dhakainsurancebd.com, dil.ho@hotmail.com
Phone: 58316139-43, 58316146, 58316147, 58316148
Fax: 880-2-58316144-5



9. Bangladesh National Insurance Company Limited: BNIC

Achieved: ‘AA’ credit rating ‘STRONG’

About: BNIC (Bangladesh National Insurance Company Limited) Founded in 1996, this company has surpassed the normal insurance companies in Bangladesh to become a top national-level insurance company. It’s the largest car insurance company in Bangladesh as it receives the most insurance capital and pays the most insurance capital.

It’s spread like a net with more than 30 branches all over Bangladesh and is popular as a well-developed insurance company.

Bangladesh National Insurance Company has its own Android app through which private information of insurance can be easily viewed and the happier thing is that now you can take insurance at home and pay the bill online.

Bangladesh National Insurance Company regularly renews their insurance policies from time to time, resulting in higher trust scores than other insurance companies. They cover almost all types of insurance products but their importance and amount of service are more towards motor (Private Car, Motor Cycle, Commercial Cars), health, fire, marine insurance.
You can calculate the price of insurance for motorcycles, private vehicles, commercial vehicles online and start the policy with Bangladesh National Insurance Company. The cost of insurance will depend on the price of your car, the capacity, the driver, the passenger.

Products and Services of Bangladesh National Insurance Co. Ltd.

  • Motor Insurance
  • Personal Accident Insurance
  • Overseas Mediclaim Insurance (Health)
  • Fire Insurance
  • Marine Insurance
  • Engineering Insurance
  • Miscellaneous Insurance

Car insurance Bangladesh

Head Office of Bangladesh National Insurance Co. Ltd.
Rashid Tower (3rd floor)
House No. 11, Road No. 18, Gulshan-1,
Dhaka – 1212, Bangladesh.

Number of Branches: 30
Number of Employees: 347

Chief Executive Officer (CEO) of Bangladesh National Insurance Co. LTD: Md. Sana Ullah

Contact information of Bangladesh National Insurance Co. Ltd.
E-mail: mail@bnicl.net
Hotline: 09613112233
Phone: 8832234-5,‎ 8832215, ‎8832217, 8832227
Fax: 88-02-8832154, 88-02-8832139

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10. Federal Insurance Company Limited: FICL



Achieved: ‘A+’ credit rating ‘STRONG’

About: Federal Insurance Company Limited was incorporated in Bangladesh in 1978 as a private general insurance company. The Federal Insurance Company began to take the lead in the hands of some of the most experienced people in the business industry of Bangladesh. And that’s why Federal Insurance Company covers almost all products and services in the insurance industry. This means that there’s no insurance service that this company doesn’t have.

Federal Insurance Company is financially strong in a competitive industry like insurance because of skilled directors. A dedicated management team is playing an important role in making all types of difficult services easily accessible to the general public. In a short time, Federal Insurance Company became popular in the insurance industry, and Federal Insurance is one of the top 10 car insurance companies in Bangladesh.

Federal Insurance Company Limited has achieved an A+ rating from many other policy checker organizations, including the Insurance Association.

Products and Services of Federal Insurance Co. Ltd.

  • Fire Insurance
  • Marine Insurance
  • Motor Insurance
  • Aviation Insurance
  • Engineering Insurance
  • Miscellaneous Insurance

Car insurance Bangladesh

Registered Office of Federal Insurance Co. Ltd.
Navana D.H. Tower (6th Floor),
6, Panthapath, Dhaka-1215

Number of Branches: 29
Number of Employees: 110

Chief Executive Officer (CEO) of Federal Insurance Co. LTD: Mr.AMM Mohiuddin Chowdhury

Contact information of Federal Insurance Co. Ltd.
E-mail: headoffice@federalinsubd.com
Hotline: +88-01887052222
Phone: +88-02-55013781-82, +88-02-55013784, +88-02-55013785, +88-02-55013786
Fax: +88-02-55013783

11. City General Insurance Company Limited

Achieved: ‘AA-‘ credit rating ‘STABLE OUTLOOK’

About: City General Insurance Company was started in 1996 to solve the problem of money laundering by targeting major insurance services in Bangladesh. Since then it has been a leading non-life general insurance company in Bangladesh. Certificate Registration from the controller of Insurance, under the Companies Act, 1994, City Insurance can compensate the people of Bangladesh for disasters or accidents.

With the provision of major insurance services, City Insurance has been designed to automatically reinsure your insurance policy. City insurance is the cause of most of the customer’s satisfaction due to stable contact with the customer and quick claim procedure.

In the case of car insurance in Bangladesh, the services provided by the city insurance company are private vehicles, commercial vehicles, motorcycles, motor transit. City insurance companies carry digital motor certificates along with insurance cards.



Products and Services of City Insurance

  • Marine Insurance
  • Fire Insurance
  • Motor Insurance
  • Marine Hull Insurance
  • Engineering Insurance
  • Miscellaneous Accident Insurance
  • Financial Insurance
  • Industrial Insurance
  • Medical Insurance
  • General Insurance

Car insurance Bangladesh

Head Office of City Insurance
Baitul Hossain Building (4th floor)
27, Dilkusha C/A, Dhaka-1000, Bangladesh.

Number of Branches: 47
Number of Employees: 23

Chief Executive Officer (CEO) of City Insurance: Md. Shamim Hossain

Contact information of City Insurance
E-mail: info@cityinsurance.com.bd
Hotline: +88 01711695906
Tel: PABX: 9557735-8, 9557751, 9577635, 7111543
Fax: +88 02 9587509

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